Transfers and Related Fees Example

Transfers amount and related fee calculations for payments made to Linked Accounts using Route.

Following are examples of transfers to Linked Accounts and how Payment Gateway and transfer fees apply to the transactions.

Transfer to Single Linked Account

In this example, you are making a transfer to a single Linked Account. Following are the details:

• Payment Amount = RM100.00
• Payment Pricing Plan = 2%
• Transfer Fees = 0.25%
• Your Commission = RM10.00
• Amount Transferred to Linked Account = RM90.00

Transaction Details	Your Account Balance (RM)
Payment received from Customer	100.00
Gateway Fee Charged on Capture Payment Amount * Pricing Plan 100 * 2/100	-2.00
Account Balance after Deduction	98
Transfer Fee Charged Transfer Amount * Pricing Plan 90 * 0.25/100	-0.22
Amount Transferred to Linked Account	-90.00
Final Account Balance	7.78

Transfer to Two Linked Accounts

In this example, you are making transfers to two Linked Accounts. Following are the details:

• Payment Amount = RM100.00
• Payment Pricing Plan = 2%
• Transfer Fees = 0.25%
• Your Commission = RM10
• Amount Transferred to Linked Account 1 = RM30.00
• Amount Transferred to Linked Account 2 = RM70.00

Transaction Details	Your Account Balance (RM)
Payment received from Customer	100.00
Gateway Fee Charged on Capture Payment Amount * Pricing Plan 100 * 2/100	-2.00
Account Balance after Deduction	98.00
Linked Account 1 Transfer Fee Charged Transfer Amount * Pricing Plan 30 * 0.25/100	-0.075
Amount Transferred to Linked Account 1	-30.00
Net Account Balance	67.92
Linked Account 2 Transfer Fee Charged Transfer Amount * Pricing Plan 70 * 0.25/100	-0.175
Amount Transferred to Linked Account 2	-70.00
Final Account Balance	-2.25

The transfer happens only if you have an account balance equal to or greater than RM2.25.

Related Information

• Transfer Funds to Linked Accounts
• Schedule Settlements
• Payment Reversals
• Refund to Customers